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Net Lease Office Properties (NLOP)
NYSE:NLOP
RESEARCH TOOLSreports
NLOP Stock Chart & Stats
Day’s Range― - ―
52-Week Range$22.16 - $34.38
Previous CloseN/A
Volume79.97K
Average Volume (3M)97.34K
Market Cap
$446.79M
Enterprise ValueN/A
Total Cash (Recent Filing)$88.35M
Total Debt (Recent Filing)$515.17M
Price to Earnings (P/E)―
Beta-0.06
Next EarningsN/A
EPS EstimateN/A
Last Dividend Ex-Date
Dec 15, 2023Dividend Yield1.05%
Share Statistics
EPS (TTM)-6.18
Shares Outstanding14,814,075
10 Day Avg. Volume111,334
30 Day Avg. Volume97,339
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)3.19
Price to Cash Flow (P/CF)10.80
P/FCF Ratio10.80
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$46.00Price Target Upside52.52% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
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Net Lease Office Properties News
PremiumCompany Announcements
Net Lease Office Properties Reports Q4 2024 Financial Results
PremiumCompany Announcements
Net Lease Office Reports Q3 2024 Financial Results
PremiumCompany Announcements
Net Lease Office Properties Releases Unaudited Financial Update
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Bulls Say, Bears Say
Bulls Say
Debt EliminationNLOP used the proceeds from the asset sale plus $23 million to reduce the senior secured mortgage balance to zero.
Debt ReductionThe Company sold six properties to reduce its senior mortgage loan to zero and its mezzanine loan balance to $61.1 million.
Financial PerformanceThe reduced debt structure gives NLOP the ability to naturally generate funds from operation that could be used to reduce the mezzanine balance to zero.
Bears Say
Revenue GenerationPositive earnings could become more vital to creating shareholder value after a year of facing high interest expense.
Sales Pace And EarningsThe pace of sales could become lumpy as cash generation and positive earnings could become more vital to creating shareholder value after a year of taking impairment charges and facing high interest expense.
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Ownership Overview
0.23% Insiders
15.47% Mutual Funds
22.52% Other Institutional Investors
46.37% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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NLOP FAQ
What was Net Lease Office Properties’s price range in the past 12 months?
Net Lease Office Properties lowest stock price was $22.16 and its highest was $34.38 in the past 12 months.
What is Net Lease Office Properties’s market cap?
Net Lease Office Properties’s market cap is $446.79M.
When is Net Lease Office Properties’s upcoming earnings report date?
The company’s upcoming earnings report date is not yet available.
How were Net Lease Office Properties’s earnings last quarter?
Net Lease Office Properties released its earnings results on Nov 17, 2023. The company reported $0.189 earnings per share for the quarter, beating the consensus estimate of N/A by $0.189.
Is Net Lease Office Properties overvalued?
According to Wall Street analysts Net Lease Office Properties’s price is currently Undervalued.
Does Net Lease Office Properties pay dividends?
Net Lease Office Properties pays a Notavailable dividend of $0.34 which represents an annual dividend yield of 1.05%. See more information on Net Lease Office Properties dividends here
What is Net Lease Office Properties’s EPS estimate?
Net Lease Office Properties’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Net Lease Office Properties have?
Net Lease Office Properties has 14,814,075 shares outstanding.
What happened to Net Lease Office Properties’s price movement after its last earnings report?
Net Lease Office Properties reported an EPS of $0.189 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went up 0.909%.
Which hedge fund is a major shareholder of Net Lease Office Properties?
Currently, no hedge funds are holding shares in NLOP
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Net Lease Office Properties Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$46.00 (52.52% Upside)
$46.00 (52.52% Upside)
Blogger Sentiment
Bullish
NLOP Sentiment 80%
Sector Average 68%
Sector Average 68%
Crowd Wisdom
Very Negative
Last 7 Days ▲ 0.3%
Last 30 Days ▼ 2.8%
Last 30 Days ▼ 2.8%
Technicals
SMA
Positive
20 days / 200 days
Momentum
27.52%
12-Months-Change
Fundamentals
Return on Equity
-14.54%
Trailing 12-Months
Asset Growth
-38.31%
Trailing 12-Months
Company Description
Net Lease Office Properties
Net Lease Office Properties (NYSE: NLOP) is a publicly traded real estate investment trust with a portfolio of 59 high-quality office properties, totaling approximately 8.7 million leasable square feet primarily leased to corporate tenants on a single-tenant net lease basis. The vast majority of the office properties owned by NLOP are located in the U.S., with the balance in Europe. The portfolio consists of 62 corporate tenants operating in a variety of industries, generating annualized based rent (ABR) of approximately $145 million. NLOP's business plan is to focus on realizing value for its shareholders primarily through strategic asset management and disposition of its property portfolio over time. Given WPC's extensive knowledge of the portfolio, NLOP is externally managed and advised by wholly owned affiliates of WPC to successfully execute on its business strategy. Over the course of its 50-year history, WPC has developed significant expertise in the single-tenant office real estate sector, including the operation, leasing, acquisition and development of assets through many market cycles, and has a proven track record of execution.
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NLOP Stock 12 Month Forecast
Average Price Target
$46.00
▲(52.52% Upside)
Technical Analysis
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Best Analysts Covering NLOP
1 Year
1 Year Success Rate
4/8 ratings generated profit
1 Year Average Return
+8.48%
reiterated a buy rating last month
Copying Hamed Khorsand's trades and holding each position for 1 Year would result in 50.00% of your transactions generating a profit, with an average return of +8.48% per trade.
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